Dynamic BTC min deposit fee
As the mining fees for BTC are always changing, we have adopted a dynamic BTC minimum deposit fee approach instead of a “one size fits all” model. In this model we cover all mining fees for BTC ourselves and the merchant is only subjected to a minimum deposit fee.
The minimum deposit fee applicable to BTC will depend on the average transaction fee of the previous week. The table below can be used as a guide for the price brackets and the minimum deposit fee that will be applicable.
Avg transaction fee in USD for the previous week | | Min deposit fee applicable in EUR |
From | To | |
0 | 7 | 0.7 |
7 | 15 | 1.5 |
15 | 25 | 2.5 |
25 | 35 | 3.5 |
35 | 50 | 5 |
50 | 60 | 6 |
60 | 70 | 7 |
70 | 100 | 10 |
100 | 200 | 20 |
200 | 300 | 30 |
300 | 500 | 50 |
500 | 1000 | 100 |
Should the average fee remain in the same bracket, the min fee applicable will remain the same. In the eventuality of a shift in the average transaction fee bracket we will inform our merchants via email and telegram. The minimum deposit fee change shall always be applied on Wednesdays at 10:00 UTC following the notifications sent on Mondays.
Average transaction fee prices can be checked on: https://www.blockchain.com/charts/fees-usd-per-transaction
